Multi-Unit Profitable Fitness Center SBA Approved

Chicago, IL (Cook County)

Fast Growing Fitness Segment
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Asking Price: $950,000

Cash Flow: $300,000

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: $25,000

Inventory: N/A

Established: 2012

Multi-Unit Profitable Fitness Center SBA Approved

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Business Description

$300k SDE!!! SBA underwritten and approved with 20% down. Highly profitable franchised fitness center available. Two units. Established manager in place that runs day-to-day operations as owner lives out of state. Highly desirable and successful locations. This is the opportunity you have been waiting for.....recurring income, manager model with established cash flow and a great upside.

Detailed Information

Location:
Chicago, IL
Inventory:
Included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Prime locations in high income, densely populated areas.
Competition:
Fitness is a competitive industry, however this business is part of the fastest growing segment of the fitness industry.
Growth & Expansion:
There is room to grow within the existing locations, new locations also a possibility.
Support & Training:
As needed.
Reason for Selling:
Owner lives out of state
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Steve Ahearn

Business Listed By:
Steve Ahearn

Vantage Business Broker

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